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Afford Anything

Afford Anything

Paula Pant | Cumulus Podcast Network

You can afford anything, but not everything. We make daily decisions about how to spend money, time, energy, focus and attention – and ultimately, our life. How do we make smarter decisions? How do we think from first principles? On the surface, Afford Anything seems like a podcast about money and investing. But under the hood, this is a show about how to think critically, recognize our behavioral blind spots, and make smarter choices. We’re into the psychology of money, and we love metacognition: thinking about how to think. In some episodes, we interview world-class experts: professors, researchers, scientists, authors. In other episodes, we answer your questions, talking through decision-making frameworks and mental models. Want to learn more? Download our free book, Escape, at http://affordanything.com/escape. Hosted by Paula Pant.
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Top 10 Afford Anything Episodes

Goodpods has curated a list of the 10 best Afford Anything episodes, ranked by the number of listens and likes each episode have garnered from our listeners. If you are listening to Afford Anything for the first time, there's no better place to start than with one of these standout episodes. If you are a fan of the show, vote for your favorite Afford Anything episode by adding your comments to the episode page.

#395: Welcome to Invest Anywhere, our monthly series on long-distance real estate investing.

Invest Anywhere airs on the First Friday of each month and is co-hosted by Paula Pant and Suni Rao.

In this episode, we tackle the challenging decision of how to evaluate a city for rental property investment.

We will cover three specific sets of analysis, talking through a macro business cycle view, a more specific economic analysis, and then encourage you to review your own personal network.

Enjoy!

01:30: Topic introduction

2:30: Evaluation to be discussed: Business cycle, economics, and hierarchy of boots on the ground

5:48: High level look at the business cycle

08:40: The four phases of the business cycle

11:12: The peak phase of the business cycle

25:40: The recession phase of the business cycle

37:15: The recovery phase of the business cycle

39:40:: The expansion phase of the business cycle

47:10: Factors to consider when choosing a specific economy

57:48: Hierarchy of boots on the ground

For more information, visit the show notes at https://affordanything.com/episode395

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#396: International best selling author and leadership speaker, Julie Winkle Giulioni, talks through a multidimensional career framework that features eight dimensions of career development.

She spells out how to apply the dimensions of contribution, competence, connection, confidence, challenge, contentment, choice and climb to different parts of your professional life, whether that’s assessing your current job, navigating a conversation with your superior or setting yourself up for the next progression.

In this episode, we cover:

01:15: Introducing the topic of optimizing engagement at work

05:02: The “Why” behind the Great Resignation

07:28: How to feel like you’re making a true contribution

14:01:The need to increase competence for growth

16:03: Solving for boredom with your superior

23:16: Forging connections in the era of remote work

32:18: Enhancing confidence and imposter syndrome

38:36: Appreciating the role of contentment in the workplace

39:18: The dimensions of choice and climb

Enjoy!

For more information, visit the show notes at https://affordanything.com/episode396

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Afford Anything - #400: The Lies Told About Early Retirement
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09/02/22 • 88 min

Today we’re sharing three talks given at the EconoMe conference, with each of these talks relating to F.I.R.E.

The three discussions are:

  1. FI-Landia is a lie - What I Learned On My Journey To F.I.R.E., with Carl Jensen
  2. What If You Achieve All Your Goals But You’re Still Not Happy, with Rich Jones
  3. How To Never Again Say, “I Can’t Afford It”, with Paula Pant

Details below:

Carl Jensen:

05:27: Session begins

08:02: Sharing the message of financial independence and being hit with the “What If’s”

12:24: The concern about running out of money

20:16: The real value of fire

Rich Jones:

32:50: Session begins

35:55: The importance of knowing who you are, what you want, and why

39:36: Day jobs: love vs. purpose

43:26: Why you should track your work

46:18: How to think like a recruiter

51:44: Why giving yourself permission could be your game changer

Paula Pant:

59:34: Session begins

1:02:21: The importance of reframing the word “can’t”

1:10:29: Traditional budgets, zero based budgets and anti budgets

1:19:49: The benefit of high friction activities

* Timestamps accurate as of September 2022. Starting 60 days after episode release, timestamps may shift slightly as we make updates and changes

**The next EconoMe will be held March 17th-19th 2023, in Cincinnati, Ohio. For more information or 10% off tickets, please go to: EconoMe Conference and use discount code: AFFORDANYTHING.

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Esquire Magazine editor-at-large and bestselling author A.J. Jacobs joins the show to discuss his experimental approach to life.

Jacobs, whose TED Talks have been viewed more than 3 million times, shares best practices around motivation, habits, confidence, boosting happiness, and optimizing creativity.

In this episode:

-- Discover the benefits that come from frequently changing your habits

-- Learn why "fake it 'til you become it" is A.J.'s secret weapon for habit development.

-- Explore how extreme gratitude can transform your mindset.

-- Hear a cautionary tale of healthy living gone wrong.

-- Learn how to make any career or business connection by unearthing the way in which you're distant cousins (as everyone on earth is, at most, roughly 70th cousins)

Plus, hear a hilarious story about Jacobs revealing his entire sexual history to actress Scarlett Johansson.

This episode originally aired in 2017.

We're sharing this as part of GREATEST HITS WEEK, a 5-day series in which we're sharing 5 episodes, across 5 days, that we produced during the earliest years of the Afford Anything podcast. You may have missed it then; enjoy it now.

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#391: Dr. Reza Abraham, an international leadership consultant, walks us through a framework of staying in control of your career and your life. This framework utilizes a singular core, three cornerstones and twelve principles. He explains how to apply and execute these principles to reinforce personal fulfillment, growth and progression.

0:00:47: Introducing Dr. Reza Abraham + the framework for staying in control of your life through a core, three cornerstones and 12 pillars

0:02:48: The core of taking control: consciousness

0:06:41: The first cornerstone: contentment

0:08:46: The second cornerstone: consistency

0:12:30: The third cornerstone: conversion

0:15:05: Five reflection questions to review for intentional growth and progression

0:24:17: The first pillar: character

0:30:03: The second pillar: communication

0:33:16: The third pillar: curiosity

0:35:15: The fourth pillar: compass

0:38:14: The fifth pillar: courage

0:39:22: The sixth pillar: collaboration

0:45:46: The seventh pillar: connection

0:48:04: The eighth pillar: competency

0:52:04: The ninth pillar: companionship

0:56:18: The tenth pillar: cash

0:56:53: The eleventh pillar: condition

1:00:52: The twelfth pillar: contribution

Resources mentioned: #383: How to Talk About Money with Confidence and Charisma, with Vanessa Van Edwards - Afford Anything

For more information, visit the show notes at https://affordanything.com/episode391

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#392: Colleen and her husband own SEVEN paid off rental homes. Now they’re heading into retirement and disagree on what to do with some of that equity.

Kevin wants to hit FIRE (Financial Independence, Retire Early) and believes his motivation comes from witnessing the financial trauma of the Great Recession. He’s wondering if others are motivated to reach FIRE for similar reasons.

Anonymous wants to learn more about utilizing HSA accounts and Susan wants to learn more about investing in tax liens.

In today's episode, former financial planner Joe Saul-Sehy and I tackle these tough questions.

Do you have a question on business, money, trade-offs, financial independence strategies, travel, or investing? Leave it here and we’ll answer them in a future episode.

Enjoy!

For more information, visit the show notes at https://affordanything.com/episode392

________________________________________

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#384: Welcome back to the third episode in our special series, Afford Anything Presents: Invest Anywhere.

Invest Anywhere is a new monthly series that runs on the First Friday of each month. It lays out the information you need to invest in real estate at a distance.

Many of you want to invest in real estate, but you live in a high-cost-of-living area. (Ahem, California and New York). The homes in your city are prohibitively expensive, and they offer lackluster returns.

You could invest in a lower-cost area like Cincinnati, Indianapolis, Omaha or Wichita ... but HOW? That sounds terrifying.

We’re here to dismantle that fear, piece by piece, by sharing our knowledge and experience.

The Invest Anywhere series is dedicated to giving you the guidance you need to make smart, confident choices about investing out-of-state.

It’s co-hosted between myself (Paula) and esteemed real estate investor Suni Rao, who’s experienced everything ranging from buy-and-hold rental investing to (accidentally) wholesaling. She’s managed short-term and long-term rentals. She’s owned houses, multi-units, and even a mobile home park.

She joins me in this episode to talk about a variety of strategies that will help you make money in real estate.

For more information, visit the show notes at https://affordanything.com/episode384

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#421: Life is busy.

We spend too much time on chores, errands, commuting, emails and other draining tasks. We lack time for joy and hobbies.

Or do we?

Today’s guest, Laura Vanderkam, talks to us about how to make the most of our time and carve out more space for gratifying experiences.

Laura Vanderkam is a time management and productivity expert. Her latest work, “Tranquility By Tuesday: 9 Ways to Calm the Chaos and Make Time for What Matters” shares actionable steps to help you fill your schedule with more of what you love.

Enjoy!

Timing of discussion points as of January 2023:

06:06: Where the time management focus should land

13:44: What is tranquility?

15:22: How to structure your hours

16:33: Set your bedtime: the foundational rule for time management

24:18: The power of planning on Fridays

29:05: Move your body by 3 pm

35:02: Create “backup slots”

37:10: The impact of various time management guidelines

38:43: The Big Adventures Rule

44:06: Taking a night for yourself

47:51: Batch the little things

50:16: The effortful before the effortless

For more information, visit the show notes at https://affordanything.com/episode421

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#528: The Federal Reserve recently decided to hold interest rates steady, leading to significant shifts in the stock market. The Dow dropped over 850 points, and the NASDAQ entered correction territory, falling more than 10% from its peak.

But what do these numbers mean for you? We break down the latest jobs report, which shows a rise in unemployment to 4.3%, triggering a recession indicator known as the Sahm Rule. This isn't just economic jargon; it affects real lives, impacting job security, investments, and financial planning.

We discuss potential ripple effects on various sectors, such as real estate, where interest rates influence housing affordability.

We also examine the technology sector's volatility and how recent market corrections might influence tech stocks and the overall investment landscape. Understanding this can help you make informed decisions about your investment portfolio.

Every First Friday of the month, we bring you our "First Friday Monthly Economic Report," where we help you make sense of these trends.

We aim to make complex economic concepts accessible. Join us as we explore these pressing economic issues.

Timestamps

Note: Timestamps will vary on individual listening devices based on dynamic advertising run times.

1:23 - Discuss the Fed's decision to hold interest rates steady and its economic impact.

3:15 - Explore how recent economic changes affect the Dow and NASDAQ for investors.

5:30 - Explain the SAM rule and why unemployment rising to 4.3% matters.

7:45 - Analyze how interest rates affect housing affordability and real estate.

10:05 - Examine tech sector volatility and its impact on stocks and investments.

12:30 - Look into how economic trends influence consumer spending patterns.

14:42 - Offer tips on managing debt, building emergency funds, and smart investments.

17:03 - Stress the importance of informed decision-making and understanding trade-offs.

19:27 - Highlight the role of "First Friday Monthly Economic Reports" in understanding trends.

21:15 - Wrap up with insights for applying knowledge to financial decision-making.

For more information, visit the show notes at https://affordanything.com/episode528

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We delve into the world of Financial Independence (FI) with a pioneer -- Vicki Robin, the co-author of Your Money or Your Life.

In the 1970s, Vicki Robin and Joe Dominguez, from vastly different backgrounds, came together over a shared vision: FI as a life philosophy, not just a savings strategy. Their book, "Your Money or Your Life," which sold more than one million copies, outlined a three-dimensional approach to FI:

Financial Intelligence: Thinking clearly and objectively about money.

Financial Integrity: Aligning your spending and earning with your values.

Financial Independence: Breaking free from paycheck dependence and limiting beliefs about money.

In this podcast episode, Vicki will discuss a new dimension she's added:

Financial Interdependence: Recognizing the importance of giving and receiving within our communities and the world.

Vicki and I discuss how to move beyond "just the money" during the quest for financial freedom.

This episode originally aired in 2018.

We're sharing this as part of GREATEST HITS WEEK, a 5-day series in which we're sharing 5 episodes, across 5 days, that we produced during the earliest years of the Afford Anything podcast. You may have missed it then; enjoy it now.

Learn more about your ad choices. Visit podcastchoices.com/adchoices

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FAQ

How many episodes does Afford Anything have?

Afford Anything currently has 599 episodes available.

What topics does Afford Anything cover?

The podcast is about Entrepreneurship, Investing, Podcasts and Business.

What is the most popular episode on Afford Anything?

The episode title 'Invest Anywhere: There are THOUSANDS of Cities, Where Do I Invest?!' is the most popular.

What is the average episode length on Afford Anything?

The average episode length on Afford Anything is 61 minutes.

How often are episodes of Afford Anything released?

Episodes of Afford Anything are typically released every 6 days, 5 hours.

When was the first episode of Afford Anything?

The first episode of Afford Anything was released on Jan 28, 2016.

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